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Ether / Dollar intraday: our next up target stands at 2383
2024-02-06
942
Our pivot point is at 2270.
Our preference: our next up target stands at 2383.
Alternative scenario: the downside breakout of 2270 would call for 2227 and 2202.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2296 and 2302).
Supports and resistances:
2434 **
2409 *
2383 **
2358
2306 last
2286
2270 **
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
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